Skill, Labour, Talent for MSMEs: A “fixed-term employment workman” has been defined to be a workman who has been engaged based on a written contract
Day: May 5, 2020
MSME package: Loan guarantee, fund to clear dues to small units soon – The Financial Express
The government is considering a raft of relief measures, including setting up a Rs one lakh crore fund to expedite clearances of dues owed to
Small businesses will opt for gold loans to restart business – The Economic Times
Summary Gold loans for business purposes are mostly used by small businesses as short-term working capital for stocking. With gold prices hovering around Rs 47,000 per
Will ensure survival of small businesses: MSME secretary – The Economic Times
The new MSME secretary suggested that the crisis should be seen as an opportunity and units should look for new opportunities in domestic and international
Cash flows for companies dry up due to lockdown – The Economic Times
Some companies are struggling to pay salaries to employees, while some are looking at winding up operations rather than continue with an unprofitable enterprise. Sectors
MSME Relief: Don’t leave it too late–Times of India
The government must think big and swiftly come up with a rescue package for micro, small and medium enterprises (MSMEs). They have to pay wages,
Two-wheeler makers gear up to restart operations – The Economic Times
Most of Hero MotoCorp’s peers are likely to start manufacturing post after May 11. Honda Motorcycle and Scooter India (HMSI) is likely to take a
Covid lockdown: Blackout threat looms as discom collections peter out – The Economic Times
Discos collections across country have reduced by an unprecedented 80%, threatening power blackouts in India. Officials said Uttar Pradesh is trying to encourage digital payments
MSME sector: Reeling from Covid-19 lockdown, factories are ready to gradually restart. But where are the workers? – The Economic Times
As India Inc prepares to restart ops, the question many are asking – will there be enough workers? With widespread shuttering down of factories and
RBI may extend moratorium on loans by another 3 months – The Economic Times
Summary The RBI is considering a proposal for extending the moratorium on bank loans by another three months. As a result of this moratorium, individuals’ EMI
India’s budget gap for FY 19-20 breaches estimate on poor tax collection – The Economic Times
India’s budget gap for the year ended March 31 has touched 4.4% of gross domestic product, says sources. A sharp deceleration in growth and a
What India should do after the Coronavirus lockdown ends – The Economic Times
Post lockdown, the govt must focus on healthcare, municipal services including drinking water, sanitation. The panchayat-level self-reliance that Modi spoke about has to be focused
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